French Lawmakers Propose Bitcoin Mining Using Surplus Nuclear Power
A group of French lawmakers is drafting a law to allow the use of surplus electricity from nuclear power plants for bitcoin mining. Key points include:
- Mining hardware would be installed at facilities owned by state utility Électricité de France (EDF).
- France is the largest producer of nuclear power in the EU, generating over half of the bloc's total output in 2023.
- More than two-thirds of the energy produced from nuclear fission is currently lost.
- The proposal follows a previously rejected amendment regarding crypto mining's impact on France’s energy mix.
- Other countries, like Pakistan, are also utilizing surplus energy for bitcoin mining.
- Tether is exploring BTC mining with surplus renewable energy in collaboration with Adecoagro in Brazil.